Quote from: danherbias07 on Today at 03:18:51 PM

Quote from: IvugeoEvolutionCoin on Today at 10:44:53 AM

Quote from: vs2014 on August 25, 2024, 04:45:43 PM

It is true that there is no difference between the rich and the poor in gambling because here one's own luck is overestimated. So the better the luck, the more he will win in gambling. However, poor and rich people may have different gambling styles. A rich person can bet again after losing because he has the money to make new bets. In that case a poor gambler bets only a few times and runs out of pocket money very quickly. A rich person has plenty of funds whereas a poor person doesn't have much. If he loses gambling, he has to sell assets and take loans to make new bets.

Difference Between Rich and Poor Gamblers Poor gambler loses money because he doesn't have the money for the next gamble, so the poor gambler gambles with a lot of thought. On the other hand, the rich gambler doesn't worry about them even after losing several times. Because he has enough money to gamble. But gambling depends entirely on luck, no one can ever say who will win in gambling.

And I think that's the problem with why a rich man can become poor in the future. They do not think about what they have lost because they think they have loads of money but the truth is it will be gone if they keep on playing and losing.

I think the poor gambler has a higher chances to win because he thinks of money so dearly that he won't spend it unwisely. Every round will be important for the poor and would not play hastily just because they want more. They might even withdraw at the mere win of exactly the minimum withdrawal point and they won't be back for a while.

The scheme you described is more like a kind of betting sport, but the truth is that both the rich player and the poor player can get carried away and then both risk losing all the money.